1 year, 4 months

TransferWise raised $280m in series E funding. The round, which includes secondary investments, was led by Old Mutual Global Investors and IVP with participation from Sapphire Ventures, Mitsui & Co, Ltd, and World Innovation Lab as well as existing investors Richard Branson, Andreessen Horowitz, and Baillie Gifford. The company, which has raised $397m in total funding, intends to use the funds to continue to expand globally, with a particular focus on Asia-Pacific and ​Latin ​American regions, ​including ​launching ​its ​service ​in ​India ​and ​Argentina.